As of March 31, 2026, First US Bank operates 15 branches with total assets of $1,165 million, total loans of $844 million, and total deposits of $1,039 million. The company trades at a significant discount to tangible book value and maintains a loan-to-deposit ratio of 81%, reflecting a conservative capital structure aligned with regional community banking positioning.
Cyborg Score Rationale
First US Bancshares demonstrates solid fundamentals as a profitable regional bank with stable operations, tangible asset backing, and consistent dividend payments. However, the company's micro-cap status ($85.7M market cap), modest profitability ($1.9M net income in Q1 2026), and limited geographic footprint constrain growth potential. Recent quarterly performance and capital management are competent but unremarkable.
Top Insights
First US Bancshares reported Q1 2026 net income of $1.9 million, or $0.33 per diluted share (April 2026), down slightly from $2.1 million in Q4 2025 but up from $1.8 million in Q1 2025.
Trading at 88% of tangible book value ($15.30 stock price vs. $17.34 tangible BV per share as of March 31, 2026), stock trades at a modest discount suggesting limited valuation upside without operational improvement.
The company actively managed its securities portfolio in Q1 2026, purchasing $20.5 million in investment securities, which combined with maturing lower-yielding securities has improved portfolio yield.
The company maintains consistent quarterly dividends of $0.07 per share (declared in May 2026, payable July 2026), supporting a 1.8% annualized dividend yield.
Named Competitors
Renasant Bank — Regional bank operator in Southeast with broader footprint
Trustmark National Bank — Regional bank with Southeast and Texas operations
Regional Banking Services — Local community banks competing on relationship and personalized service
Recent Developments
(April 29, 2026) Reported Q1 2026 earnings of $0.33 per diluted share with net income of $1.9 million
(April 30, 2026) Held annual shareholder meeting with 12 director nominees and three proposals; shareholders approved auditor ratification and executive compensation
(May 20, 2026) Declared quarterly cash dividend of $0.07 per share payable July 1, 2026
(November 2025) Expanded share repurchase program to support capital management
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